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Rubric Capital discloses 5.83% MannKind Corporation (MNKD) stake

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Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Rubric Capital Management LP and David Rosen reported a passive ownership position in MannKind Corporation common stock. They beneficially own 18,000,000 shares, representing 5.83% of the outstanding common stock, with shared voting and dispositive power over all reported shares and no sole power. The percentage is based on 308,950,166 shares outstanding as of April 24, 2026, as stated in MannKind’s Form 10-Q. Rubric Capital Master Fund LP has the right to receive dividends and sale proceeds from more than 5% of the common stock.

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Shares beneficially owned 18,000,000 shares Common Stock beneficially owned by Rubric Capital and David Rosen
Ownership percentage 5.83% Percent of MannKind common stock class beneficially owned
Shares outstanding 308,950,166 shares MannKind common stock outstanding as of April 24, 2026
Shared voting power 18,000,000 shares Shares over which reporting persons have shared power to vote
Sole voting power 0 shares Shares over which reporting persons have sole power to vote
Shared dispositive power 18,000,000 shares Shares over which reporting persons have shared power to dispose
beneficially owned financial
"The percentage set forth in Row (11) of the cover page for each of the Reporting Persons"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting power financial
"6 | Shared Voting Power 18,000,000.00 7 | Sole Dispositive Power 0.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"8 | Shared Dispositive Power 18,000,000.00 9 18,000,000.00"
investment adviser financial
"Rubric Capital, the investment adviser to certain investment funds and/or accounts"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
Schedule 13G regulatory
"This statement is filed by: (i) Rubric Capital Management LP"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

What stake in MannKind Corporation (MNKD) does Rubric Capital report?

Rubric Capital reports beneficial ownership of 18,000,000 shares of MannKind common stock, representing 5.83% of the outstanding shares, based on 308,950,166 shares outstanding as of April 24, 2026.

Who are the reporting persons on this MannKind (MNKD) Schedule 13G?

The reporting persons are Rubric Capital Management LP, as investment adviser to certain funds holding MannKind shares, and David Rosen, Managing Member of Rubric Capital Management GP LLC.

What voting and dispositive power does Rubric Capital have over MNKD shares?

Rubric Capital and David Rosen report 0 shares with sole voting or dispositive power and 18,000,000 shares with shared voting and shared dispositive power over MannKind common stock.

How was the 5.83% ownership in MannKind (MNKD) calculated?

The 5.83% ownership is calculated using 308,950,166 MannKind common shares outstanding as of April 24, 2026, as reported in MannKind’s Form 10-Q for the quarter ended March 31, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





56400P706

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Rubric Capital Management LP
Signature:/s/ Michael Nachmani
Name/Title:Michael Nachmani / Chief Operating Officer
Date:08/14/2026
David Rosen
Signature:/s/ David Rosen
Name/Title:David Rosen / Individually
Date:08/14/2026